In this paper we ask whether policies targeting a reduction in crime rates through changes in education outcomes can be … the effect of subsidizing high school completion. Most econometric studies of the impact of crime policies ignore … alternative policies. We develop an overlapping generation, life-cycle model with endogenous education and crime choices …

adolescents who suffer from depression face a substantially increased probability of engaging in property crime. We find little … evidence that adolescent depression predicts the likelihood of engaging in violent crime or the selling of illicit drugs. Our … estimates imply that the lower-bound economic cost of property crime associated with adolescent depression is about 219 million …

these laws may have for public safety, there has been little empirical investigation of their impact on crime and …

The topic of abolishing cash is discussed since some time, and economists such as Rogoff, Summers and Bofinger argue … argumentative lines of the supporters and opponents of an abolishing or limitation of cash, as well as the respective institutional …

Germans are still very fond of using cash. Of all direct payment transactions, cash accounts for an astounding 82% in … cash remains so important. We propose a two-stage empirical framework which jointly explains credit card ownership and the … use of cash. Our results indicate that the pattern of cash usage is compatible with systematic economic decision making …

. Nevertheless, the use of cash remains significant. We hypothesize that the lack of card acceptance at the point of sale is a key … reason why cash continues to play an important role. We formulate a simple inventory model that predicts that the level of … cash demand falls with an increase in card acceptance. We use detailed payment diary data from Austrian and Canadian …

. Nevertheless, the use of cash remains significant. We hypothesize that the lack of card acceptance at the point of sale is a key … reason why cash continues to play an important role. We formulate a simple inventory model that predicts that the level of … cash demand falls with an increase in card acceptance. We use detailed payment diary data from Austrian and Canadian …